Artbeads.com Makes Internet Retailer's Top 500 List for the Third Year in a Row

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With continued growth in 2007, Artbeads.com is making a return appearance to the Internet Retailer Top 500 at number 356. This is the third year in a row that the company has made the prestigious list of some of America's top Internet retailers.

While costs have increased, we have built an infrastructure to support a significantly higher level of sales. This would include expansion into the remainder of our 24,000-square-foot warehouse and some key hires and promotions. In 2008, we expect to see modest growth, but expect a significant increase from 2009 as current initiatives begin to gain traction.

Gig Harbor, WA (PRWEB)June 10, 2008

With continued growth in 2007, Artbeads.com is making a return appearance to the Internet Retailer Top 500 at number 356. This is the third year in a row that the company has made the prestigious list of some of America's top Internet retailers.

Specializing in beads, jewelry making supplies, Swarovski crystals beads, sterling silver charms, and other components and tools, Artbeads.com has become a premier supplier to the DIY market as well as to stores and professional jewelry designers. While profits have come under pressure due to escalating healthcare costs, rising commodities prices, and the increasingly heavy burden of a free-shipping model, sales continue to grow based on incredible customer loyalty and active online and offline marketing. CEO Devin Kimura says, "While costs have increased, we have built an infrastructure to support a significantly higher level of sales. This would include expansion into the remainder of our 24,000-square-foot warehouse and some key hires and promotions. In 2008, we expect to see modest growth, but expect a significant increase from 2009 as current initiatives begin to gain traction."

Artbeads.com is a Washington State company employing over 100 full-time staff and carrying over 17,000 unique items, including the work of local and national artisans.

Internet Retailer's definitive ranking and analysis of America's 500 largest e-retailers is based on annual 2007 Internet sales, researched by Internet Retailer and confirmed by retailers. This report includes company financial, operational and performance data, as well as vendors in 16 key categories. Published by Chicago-based Vertical Web Media LLC, Internet Retailer is a monthly national business magazine, web site, conference and directory that serve the retailing community.